About Consensus
Consensus is a company based in Boston (United States) founded in 2020 by Christian Salem and Eric Olson. It operates as a AI-as-a-Service. Consensus has raised $19.23 million across 5 funding rounds from investors including Draper Associates, Nat Friedman and Daniel Gross. The company has 6 employees as of November 30, 2023. Consensus offers products and services including Consensus AI Search Engine. Consensus operates in a competitive market with competitors including Perplexity, ProQuest, ResearchGate, Research Solutions and Authorea, among others.
- Headquarter Boston, United States
- Employees 6 as on 30 Nov, 2023
- Founders Christian Salem, Eric Olson
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Sectors
TechnologyHealthcare
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$169.93 K (USD)-3as on Dec 31, 2023
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Net Profit
$213.83 K (USD)769as on Dec 31, 2023
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EBITDA
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Total Equity Funding
$19.23 M (USD)
in 5 rounds
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Latest Funding Round
$11 M (USD), Series B
Aug 13, 2024
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Investors
Draper Associates
& 12 more
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Employee Count
6
as on Nov 30, 2023
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Products & Services of Consensus
Consensus offers a comprehensive portfolio of products and services, including Consensus AI Search Engine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-driven search engine designed for research purposes.
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Funding Insights of Consensus
Consensus has successfully raised a total of $19.23M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $11 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $11.0M
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First Round
First Round
(01 Jul 2021)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series B - Consensus | Valuation | Draper Associates , Union Square Ventures | |
| Dec, 2023 | Amount | Series A - Consensus | Valuation |
investors |
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| Jul, 2023 | Amount | Series A - Consensus | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Consensus
Consensus has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Draper Associates, Nat Friedman and Daniel Gross. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage technology companies receive venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Founded Year | Domain | Location | |
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Seed-stage B2B software and marketplaces are funded by Nomad Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Consensus
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Consensus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Consensus Comparisons
Competitors of Consensus
Consensus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perplexity, ProQuest, ResearchGate, Research Solutions and Authorea, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Citation-based AI answer engine with real-time sourcing is operated.
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| domain | founded_year | HQ Location |
Research content is delivered via online platforms to libraries.
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| domain | founded_year | HQ Location |
Online community for scientists
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| domain | founded_year | HQ Location |
AI-powered solutions for scholarly content access and management are provided.
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| domain | founded_year | HQ Location |
Collaborative platform for research and learning
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| domain | founded_year | HQ Location |
Collaborative learning and resource sharing for researchers are facilitated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Consensus
Frequently Asked Questions about Consensus
When was Consensus founded?
Consensus was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Consensus located?
Consensus is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Consensus?
Eric Olson is the current CEO of Consensus. They have also founded this company.
Is Consensus a funded company?
Consensus is a funded company, having raised a total of $19.23M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3.1M, raised on Jul 01, 2021.
How many employees does Consensus have?
As of Nov 30, 2023, the latest employee count at Consensus is 6.
What is the annual revenue of Consensus?
Annual revenue of Consensus is $169.93K as on Dec 31, 2023.
What does Consensus do?
Consensus is recognized as an AI-driven search engine developed for research purposes. It operates within the technology sector, focusing on providing advanced search solutions for academic and professional use. The platform is designed to assist users in accessing relevant sources and filtering information efficiently.
Who are the top competitors of Consensus?
Consensus's top competitors include Perplexity, ProQuest and ResearchGate.
What products or services does Consensus offer?
Consensus offers Consensus AI Search Engine.
Who are Consensus's investors?
Consensus has 13 investors. Key investors include Draper Associates, Nat Friedman, Daniel Gross, Union Square Ventures, and Nomad Capital.
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